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Since we developed Crescendo, years ago, we worked on improving its trading strategy performance and safety. ForteFX is an evolution of the original strategy and thanks to the multi-timeframe and multi-currency trend scores we’ve been able to improve overall performances. Now we made another step by taking our most successful strategy to no-time-based charts. Renko charts has been our choise for charting. And Heiken Ashi is our preferred indicator to be used with it.

Forte4Renko is the mix between ForteFX trading strategy, Renko noiseless charting and Heiken Ashi candles trend smoothing. The core of the trading strategy is the “trend score“. For Forte4Renko we developed 3 new algorithms to calculate it and they are based on:

Renko boxes (i.e. pure price action)

Heiken Ashi

Smoothed Heiken Ashi

The trend score is based exclusively on the chart the EA is trading on. No need to download long term historical data for different timeframes and currencies. The strength of a trend is simply calculated by counting the number of past “candles” that show the same direction, up to a number of 5. A candle may be a Renko box or an Heiken Ashi candle (smoothed or simple).

As an example in the screenshot above you can notice that there are 3 closed blue Smoothed Heiken Ashi boxes in a row (we don’t count the most recent one which is already forming), therefore trend score = +3 in this case (assuming the user has selected the trend score algorithm based on Smoothed Heiken Ashi). Thanks to the noise filtering of the Renko chart and to the smoothing of the HA indicator, the EA is able to trade the trend like never before. We putted all we’ve leaned so far with ForteFX into it. All the features (and even more) has been adapted to the new no-time-based charting. And we added some… for example now you can set the entry trend score filter for each single trade. If you like and trade with ForteFX, you’ll love Forte4Renko.

What You Get

Forte4Renko EA

Template to have it up and running in minutes

An online manual with instructions

Email Support

Algo 0 (Renko) Forward Test Account

Algo 1 (Heiken Ashi) Forward Test Account

Algo 2 (Smoothed Heiken Ashi) Forward Test Account

Ready To Buy?

If you are interested in the Forte4Renko EA you can buy them from here.

Contact us if you want to get Forte4Renko with 50% discount by opening a new live account with our preferred broker FinFX. If you already own a license contact us and we’ll send you a coupon code for half what you payed for it!

Forte4Renko EA (for MT4) – FREE

Forte4Renko EA with template.The EA works on every MT4 platform.The licence is for one live account and any demo account.

Yes, I do have a tool to generate median renko offline charts. I have another question. I purchased the Forte4Renko EA (40461-39) – Order ID: 3BQ3UTD-B382FL around 7:00 am EST this morning. The popup window confirming the successful transaction stated that I will receive further instructions via email shortly. It is now 12:17 pm EST 5 hours later and I still did not receive any email with any instruction and/or confirmation. I send of an email to support but so far no response. My Visa account immediately after my purchase has been charged the $99.99 purchase price. What should I do. Can you help me out.

How are you guys. Love your products and your great customer support. I into your Renko product for MT4 EA and when I went to purchase it price went from $99 to $199. I have other EAs that I’m tempted to buy but checking if you guys will give your customers a chance to buy the EA as during the week most of us don’t get to see the offers and promos.

Hi Cliff, your demo license is up and running (I just checked it). If you need a live license then you should provide the account number via our online form. Please check your inbox, I’ve just sent you an email explaining how to do that 😉

Hi Mark, we don’t usually apply NuovaFX to grid trading systems like Forte4Renko. If you still want to use it, please be aware that we are working on a version of NuovaFX that can run on Build 646 (the current version unfortunately is not compatible).

Hi, I’m very interested in the Forte4Renko ea. just one question. For the trend score, does it have to depend on the smoothed heiken ashi bars, or can you set the EA to read the trend score off the renko bars for when to enter each trade instead??Thank you. I would love if the ea could just use the Renko bars to know when to enter. Is that something I could do with the EA??

Thank you! last question… So how does the EA now when to exit the trade?? Does the EA exit trades when an opposite candle/candles forms, or are you able to control those type of setting with in the coding of the EA? And Im i able to adjust the Renko box size myself with the EA, cuz i scalp with 2 pip Renko bars, do you think i would be able to use this EA with a 2 pip renko box set up for scalping? Once again thank you for all your time.

Hi Wallace, the EA closes a trade (or set of trades in the same direction) when the specified take profit is reached. You can also disable the martingale so that only 1 trade is opened in each direction at any given time. And you can also set a stop loss for each trade. The Renko box size can also be set by the user. We have no experience with scalping on the setup you described though.